COUSIN-IT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
COUSIN-IT
Largest movements
- Current investments +€53,171
up €53,171 (+106%), from €50,000 to €103,171
- Cash -€11,685
down €11,685 (-15.9%), from €73,457 to €61,772
mainly Current investments (-€53,171) and Contributions, distributions and other (-€20,802)
- Tangible fixed assets -€10,977
down €10,977 (-16.0%), from €68,649 to €57,673
of which Furniture and vehicles: -€10,411
- Reserves +€31,873
up €31,873 (+15.8%), from €201,448 to €233,321
- Gross operating margin -€8,771
down €8,771 (-8.7%), from €100,272 to €91,501
- Taxes -€3,395
down €3,395 (-14.1%), from €24,022 to €20,627
- Depreciation +€2,144
up €2,144 (+16.9%), from €12,658 to €14,801
- Financial charges +€1,740
up €1,740 (+730%), from €239 to €1,979
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,550 | €244,847 | +€31,297 | +14.7% |
| Fixed assets | 21/28 | €68,649 | €57,673 | -€10,977 | -16.0% |
| Tangible fixed assets | 22/27 | €68,649 | €57,673 | -€10,977 | -16.0% |
| Plant, machinery and equipment | 23 | €3,472 | €5,445 | +€1,973 | +56.8% |
| Furniture and vehicles | 24 | €40,775 | €30,364 | -€10,411 | -25.5% |
| Other tangible fixed assets | 26 | €24,402 | €21,863 | -€2,539 | -10.4% |
| Current assets | 29/58 | €144,901 | €187,174 | +€42,274 | +29.2% |
| Amounts receivable within one year | 40/41 | €20,202 | €22,144 | +€1,942 | +9.6% |
| Trade receivables | 40 | €19,224 | €20,812 | +€1,588 | +8.3% |
| Other amounts receivable | 41 | €978 | €1,332 | +€353 | +36.1% |
| Current investments | 50/53 | €50,000 | €103,171 | +€53,171 | +106% |
| Cash at bank and in hand | 54/58 | €73,457 | €61,772 | -€11,685 | -15.9% |
| Deferred charges and accrued income | 490/1 | €1,241 | €88 | -€1,153 | -92.9% |
| Total equity and liabilities | 10/49 | €213,550 | €244,847 | +€31,297 | +14.7% |
| Equity | 10/15 | €201,448 | €233,321 | +€31,873 | +15.8% |
| Reserves | 13 | €201,448 | €233,321 | +€31,873 | +15.8% |
| Distributable reserves | 133 | €201,448 | €233,321 | +€31,873 | +15.8% |
| Amounts payable | 17/49 | €12,102 | €11,526 | -€576 | -4.8% |
| Amounts payable within one year | 42/48 | €12,102 | €11,526 | -€576 | -4.8% |
| Trade debts | 44 | €533 | €1,244 | +€711 | +133% |
| Suppliers | 440/4 | €533 | €1,244 | +€711 | +133% |
| Taxes, remuneration and social security | 45 | €8,601 | €6,818 | -€1,783 | -20.7% |
| Taxes | 450/3 | €1,565 | €1,496 | -€69 | -4.4% |
| Remuneration and social security | 454/9 | €7,036 | €5,322 | -€1,714 | -24.4% |
| Other amounts payable | 47/48 | €2,968 | €3,464 | +€496 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,658 | €14,801 | +€2,144 | +16.9% |
| Other operating charges | 640/8 | €1,262 | €1,795 | +€533 | +42.3% |
| Non-recurring operating charges | 66A | €623 | - | -€623 | |
| Gross operating margin | 9900 | €100,272 | €91,501 | -€8,771 | -8.7% |
| Operating profit (loss) | 9901 | €85,729 | €74,905 | -€10,824 | -12.6% |
| Financial income | 75/76B | €1,271 | €376 | -€895 | -70.4% |
| Recurring financial income | 75 | €1,271 | €376 | -€895 | -70.4% |
| Financial charges | 65/66B | €239 | €1,979 | +€1,740 | +730% |
| Recurring financial charges | 65 | €239 | €1,979 | +€1,740 | +730% |
| Profit (loss) for the period before taxes | 9903 | €86,761 | €73,302 | -€13,459 | -15.5% |
| Income taxes | 67/77 | €24,022 | €20,627 | -€3,395 | -14.1% |
| Profit (loss) for the period | 9904 | €62,740 | €52,675 | -€10,065 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,740 | €52,675 | -€10,065 | -16.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.